Black Box (BOM:500463) ROCE % : 33.17% (As of Dec. 2023)

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What is Black Box ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Black Box's annualized ROCE % for the quarter that ended in Dec. 2023 was 33.17%.

Black Box ROCE % Historical Data

The historical data trend for Black Box's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Black Box ROCE % Chart

Black Box Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

ROCE %

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-8.79

2.64

29.17

23.70

16.60

Black Box Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															18.75	22.42	24.12	24.61	33.17

Black Box ROCE % Calculation

Black Box's annualized ROCE % for the fiscal year that ended in Mar. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2023 )		(A: Mar. 2022 )		(A: Mar. 2023 )
	=	1407.3	/	( ( (26501.9 - 19130.9)	+	(30023.3 - 20435.2) )	/ 2 )
	=	1407.3	/	( (7371	+	9588.1)	/ 2 )
	=	1407.3	/	8479.55
	=	16.60 %

Black Box's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	3500	/	( ( (30036.3 - 19483.3)	+	(0 - 0) )	/ 1 )
	=	3500	/	( ( 10553	+	0 )	/ 1 )
	=	3500	/	10553
	=	33.17 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Black Box (BOM:500463) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Black Box ROCE % Related Terms

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Black Box (BOM:500463) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Black Box Ltd (BOM:500463) » Definitions » ROCE %

Comparable Companies

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BBOX:India

Address

Building No. 9, Airoli Knowledge Park, 501, 5th Floor, MIDC Industrial Area, Airoli, Navi Mumbai, MH, IND, 400 708

Website

https://www.blackbox.com

Black Box Ltd along with its subsidiaries provides information, communications technology solutions provider, and an integrator that delivers technology-based solutions across world markets and verticals with a spectrum of applications and services. The company's operating segments are System Integration (SI); Technology Product Solution (TPS) and Others comprising of training and consulting services. It generates maximum revenue from the System Integration (SI) segment. The company exports its product to the Middle East/Africa, North America, Australia, New Zealand, Singapore, and Europe. Its solution line consists of unified communications, network infrastructure and data center, cyber security (CYBER-i), and digital transformation and applications.

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